CBiz Small Business Employment Index is Up in August

Just released: The CBiz Payroll Services announced that its Small Business Employment Index, a barometer of hiring trends among companies with 300 or fewer employees, went up by 1.15% in August, after a decline of 1.57% in July. Additionally, 29% of survey respondents increased staffing, while 20% let go employees.

Moreover, Philip Noftsinger, business unit president for CBiz Payroll Services, said the data sets, taken together, “provide some hope that employment is at least on solid ground and increasing moderately.”

Click here to read the entire announcement: CBiz Small Business Employment Index rises in August.